Arab Finance: Egypt and Norway’s SCATEC have probed cementing cooperation in the green hydrogen field, according to a statement. This came during a meeting between the Egyptian Minister of Petroleum ...

Arab Finance: Emirates NBD Egypt has signed a new loan contract worth EGP 400 million with Alexandria Business Association (ABA) to expand the horizon of the latter’s microfinance services across the ...

Arab Finance: The Main Development Company (MDC), the main developer of the General Authority for Suez Canal Economic Zone (SCZONE), has signed a contract with PYRAMIDS ALU company for a project’s ...

Arab Finance: Egypt is set to launch eSIM services within a month, the National Telecommunications Regulatory Authority’s (NTRA) Executive President Mohamed Shamroukh told Asharq Business. Shamroukh ...

Arab Finance: AMEA Power, a subsidiary of the UAE-based AlNowais Investments, is planning to operate its wind farm in Ras Ghareb, Egypt in March 2025, Al Mal News reported. The project’s total ...

Arab Finance: The National Telecommunications Regulatory Authority (NTRA) is working on increasing telecommunications service prices over the coming period, the authority’s Executive President Mohamed ...

Arab Finance: The Egyptian Exchange’s (EGX) indices showed an upward trend on Monday, with market capitalization hitting EGP 2.249 trillion. Trading volume amounted to 782.288 million shares exchanged ...

Arab finance: Egypt’s wheat imports rose 30% year on year (YoY) in the first nine months of 2024, reaching 10.8 million tons, compared to 8.3 million tons, Asharq Business reported, citing a ...

Arab Finance: The Egyptian government has collected up to $675 million from selling fifth generation (5G) service licenses to the four telecom operators in the country, Minister of Communications and ...

Arab Finance: Minister of Petroleum and Mineral Resources Karim Badawi has met with the CEO of TotalEnergies Patrick Pouyanné to discuss the company’s investment plans in Egypt over the coming period ...

Arab Finance: The Egyptian government is planning to establish six new free zones over the coming year, the General Authority for Investment and Freezones’ (GAFI) CEO Hossam Heiba told Asharq Business ...

Arab Finance: The General Authority for Investment and Free Zones (GAFI) has sealed a memorandum of understanding (MoU) with Business France to ensure sustainable investment cooperation between Egypt ...